More Than a Traditional Correspondent Bank
In 1997, PCBB was formed by a group of experienced community bankers with a single vision: partnering with community financial institutions to help with their success.
Over the past 25 years, we’ve recognized the changing banking needs beyond traditional correspondent services and introduced more sophisticated and advanced solutions. We also branched out from the west to focus on serving community financial institutions nationwide.
While we have grown, our knowledgeable teams continue to meet customer needs with innovative and robust solutions from a unique position in the industry. Since PCBB is still owned by community financial institutions, we fully understand the challenges and opportunities of our clients — we’ve been in their shoes.
Innovative Milestones: PCBB Through The Years
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1997
PCBB was formed with a single vision to help community financial institutions thrive
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2002
Launched proprietary Cash Management system
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2004
Launched a unique hedging solution
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2005
First to launch FDIC insured sweep product for banks
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2007
Launched Shared National Credit loan program
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2008
First bankers’ bank to offer a loan pricing and profitability model
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2015
Launched FX for customers’ domestic wire platforms
Became one of the original members of the Faster Payments Task Force
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2016
Introduced the first CECL solution built by a bank
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2017
First bankers’ bank to offer Canadian check imaging service
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2018
Became one of the founding members for the Faster Payments Council
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2020
First bankers’ bank to offer Swift GPI directly, not through a third party
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2021
Integrated foreign payments with Fiserv’s Payments Exchange platform
Federal Reserve selects PCBB as pilot participant for the FedNow® Service
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2022
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2023
FedNow® Service settlement and liquidity provider (and pilot bank participant)
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2024
Expanded enabled API alliances with DCI and Finzly to offer access to PCBB services
